smallAccCompHo_0921.xslt
Company Registration No. 15172120 (England and Wales)
BUNDO KHAN LTD
Financial Statements
for the Period from 28 September 2023 to 31 August 2024

BUNDO KHAN LTD

Financial Statements for the period ending 31 August 2024

BUNDO KHAN LTD

Financial Statements for the period ending 31 August 2024

Notes to the Accounts

1. Statutory Information
BUNDO KHAN LTD is a private company, limited by shares, registered in England and Wales, registration number 15172120.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Definition: Revenue arising in the course of a business's ordinary activities (e.g., sale of goods, rendering services).Recognition: Recognised when:Significant risks and rewards have been transferred;Revenue can be measured reliably;Probable that economic benefits will flow to the entity.Disclosure (Section 1A): No detailed breakdown required, but turnover must be shown on the profit and loss account.Gross vs. Net: Reported net of VAT and any trade discounts.

BUNDO KHAN LTD

Financial Statements for the period ending 31 August 2024

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible Fixed AssetsTangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment. Depreciation is provided on a straight-line basis over the estimated useful lives of the assets to write off their cost less any residual value. The estimated useful lives of assets are reviewed regularly and adjusted if necessary. Repairs and maintenance costs are charged to the profit and loss account as incurred, while significant improvements are capitalised.

BUNDO KHAN LTD

Financial Statements for the period ending 31 August 2024

Notes to the Accounts

Intangible Asset Policy
Intangible AssetsIntangible assets are stated at cost less accumulated amortisation and any provision for impairment. Amortisation is provided on a straight-line basis over the estimated useful life of the asset. Where the useful life cannot be reliably estimated, it is amortised over a maximum period of 10 years. The company reviews the carrying value of intangible assets annually to assess whether there is any indication of impairment.
Stock
Measurement: Lower of cost and net realisable value.Cost Includes:Purchase cost,Conversion costs (if manufactured),Other costs to bring inventory to its present location and condition.NRV: The estimated selling price less estimated costs of completion and sale.Disclosure: Total stock value shown on the balance sheet; detailed note disclosures not required unless helpful.

BUNDO KHAN LTD

Financial Statements for the period ending 31 August 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 5
4. Principal Activity
Unlicensed restaurants and cafes

BUNDO KHAN LTD

Financial Statements for the period ending 31 August 2024

Notes to the Accounts

5. Intangible Assets
Other Total
Cost £ £
At 28/09/2023 - -
Additions 5,030 5,030
Disposals - -
Revaluations - -
At 31/08/2024 5,030 5,030
Amortisation
At 28/09/2023 - -
Charge for the Year 503 503
On Disposals - -
Other increases/(decreases) - -
At end of period 503 503
Net book value
At 31/08/2024 4,527 4,527
At - -
6. Fixed Assets
Fixtures and Fittings Total
Cost or valuation £ £
At 28/09/2023 - -
Additions 395,451 395,451
At 31/08/2024 395,451 395,451
Depreciation
At 28/09/2023 - -
Charge for the year 19,773 19,773
At 31/08/2024 19,773 19,773
Net Book Value
At 31/08/2024 375,678 375,678
At - -